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Earnings picture not so bleak
222 companies managed 25% plus growth. BL Research Bureau The slowdown in India Inc’s profit growth is now old ...
Jet Air posts Rs 384-cr loss in Q2
Higher fuel costs, lower passenger traffic. Mumbai, Oct. 25 Hit by higher fuel costs and the lean season drop in passenger traffic, Jet Airways reported a net loss of Rs 384.5 crore for the second quarter ended September 30 against a net profit ...
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The Union Defence Mini...
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Time to ‘think global, invest local’
The ongoing carnage in the stock market has certainly taught us all that managing an equity portfolio is not just about keeping abreast of what’s happening in India. It is much more than that; after all, who could have imagined that ...
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Auto cos slam the brakes on expansion
Uncertain markets put hiring plans on hold. New Delhi, Oct. 25 With India Inc in the grips of a slowdown, the auto sector is also feeling the pinch. Companies are both deferring their hiring plans and holdingtheir capacity ...
Grasim cuts viscose staple fibre production
Mumbai, Oct. 25 The financial crisis has finally hit the manufacturing sector where it hurts. Grasim Industries, an Aditya Birla Group company, has decided to curtail production of viscose staple fibre by about 30 per cent of its total ...
Index Outlook
It was a week when all one could do was, watch awe-struck, as stock prices fell in to a bottomless pit. The Sensex effortlessly sliced though one support level after another despite efforts by the troika of the Finance Ministry, SEBI and the ...
Hero Honda: Hold
Shareholders of Hero Honda can continue to hold the stock. At the current market price of Rs 752, the stock trades at a price-earnings multiple of about 13 times its annualised April-September ‘08 ...
Indo Tech Transformers: Buy
Indo Tech Transformers has so far overcome the hurdles of slowing order flows and higher borrowing costs better than similar small sized ...
DSPML Equity Fund: Invest
If you’re looking for equity funds to add to your core portfolio for the long term, DSPML Equity Fund is an attractive option to consider. The fund remains one of the top performers in the diversified equity category over five, three ...
Nifty BeES: Buy
Investors with a two-three year perspective can consider accumulating Nifty Benchmark Exchange Traded Scheme (Nifty BeES), an exchange-traded fund that mimics the S&P CNX Nifty Index in returns, at its current market price of Rs 269. ...
UTI MasterShare: Hold
Investors in UTI Mastershare can retain their units in the fund, which has marginally under-performed the benchmark BSE-100 over three- and five-year periods. However, it has improved its performance against the category average over the ...
TN plant is Nokia’s fastest growing handset-maker
Produces 200 million sets in 3 years. New Delhi, Oct 25 Riding on a surge in mobile usage in the country, Nokia’s handset manufacturing unit in Tamil Nadu this week reached production volume of 200 million ...
Weekly News Round-up(Latest Audio:English/Tamil)
SEBI has cautioned FIIs that overseas lending and borrowing of Indian securities could attract sterner measures. The regulator said it disapproved of this particular activity of FIIs, which caused selling pressure in the cash market in India. ...
Prism Cement: Sell
In the backdrop of excess supplies, declining prices and higher input costs, North-based cement players have seen their realisations and margins eroding in recent times. Though a cost-efficient player, Prism Cement has reported ...
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